Global Regenerative Turbine Pump Market

Regenerative Turbine Pump Market Size, Share, Growth Analysis, By Product(Single-Stage, Multi-Stage), By Application(Boosting, Boiler Feed, Refrigeration, Chemical Processing and Power Generation), By Region - Industry Forecast 2024-2031

Report ID: SQMIG20E2057 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 63 | Figures: 75

Regenerative Turbine Pump Market News

  • Roth Pump Co. has been at the forefront in developing innovative, high quality pumps and systems. The leading supplier to the oil and gas industry of regenerative turbine pumps. This company reported in March 2023 that it would soon be releasing its new line of self-priming pumps. This product line will be easier to install and maintain when compared to traditional pumps.
  • WARRENDER, LTD. is a leading provider of caster pumps. The USA-based company supplies regenerative turbine pumps primarily to the marine sector. This company announced in February 2023 that it would soon be putting out a new line of high-pressure pumps on the market. These pumps will cater to the rise in demand of the offshore wind power market.
  • Corken, Inc. is a leading manufacturer of industrial compressors and accessories. The regenerative turbine pumps producer reported in June 2023 that it was going to release a new line of high-efficiency pumps. This product line will serve the water and wastewater treatment industry. It is preferable over traditional pumps as it offers about 80% energy savings.
  • DLT Electric, LCC is a commercial and industrial, high quality motor, high pressure, low capacity regenerative turbine pump manufacturer. It was bought by MTH Pumps in April 2023. MTH Pumps creates regenerative turbine pumps that are designed for high pressure and low flow applications. This purchase will help MTH to penetrate new markets by broadening their product range.
  • Magnatex Pumps, Inc. is a leading manufacturer of high-quality centrifugal pumps and related pumping equipment for industrial and chemical applications. They announced in May 2023 that they’ll be building a new production plant in China. This new manufacturing facility has been built to cater to the rising demand of pumps in the Asian market.
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Regenerative Turbine Pump Market size was valued at USD 222.60 Million in 2022 and is poised to grow from USD 238.40 Million in 2023 to USD 412.69 Million by 2031, at a CAGR of 7.1% during the forecast period (2024-2031).

The regenerative turbine pump market’s competitive environment is what defines it. This ecosystem of intense rivalry includes local producers, inudtsry leaders, and new innovative startups. All participants in the maket strive to gain a share in this vital niche category of the fluid handling industry. 'Xylem Inc.', 'Sulzer Ltd.', 'KSB SE & Co. KGaA', 'Grundfos Holding A/S', 'ITT Inc.', 'Flowserve Corporation', 'Ebara Corporation', 'Nikkiso Co., Ltd.', 'Kirloskar Brothers Limited', 'Teikoku Electric Mfg. Co., Ltd.', 'Hayward Industries, Inc', 'ProMinent GmbH', 'Tsurumi Manufacturing Co., Ltd.', 'Zenit Group', 'Gardner Denver Holdings, Inc.', 'Comet Spa', 'Roper Technologies, Inc.', 'KISTLER Group', 'Speck Pumpen Walter Speck GmbH & Co. KG', 'Regal Beloit Corporation'

Regenerative turbine pumps are an expert in customizing precise pressure control. This has driven their adoption in applications like boiler feed systems. That is because they need to steady pressure levels at an optimal stage to ensure safety and efficiency.

Energy Efficiency Emphasis: One of the key market trends that impacted the industry was the growing focus on energy efficiency. Regenerative turbine pumps are widely adopted in applications where energy consumption rate needs to be on the lower side. Their suitability to these tasks is due to its increasingly efficient nature. The impact of this trend was deeper in industries who wanted to comply with sustainability goals while lowering operational costs.

The regenerative turbine pump market’s leading region is North America. Its thriving commercial infrastructure and well-established industrial fields have resulted in the region’s market supremacy. The US has contributed greatly to the region’s current market position. The country’s increasing industrial activities have fueled the demand for efficient fluid handling, like that provided by regenerative turbine pumps. The commercial and industrial settings have boosted the adoption of this market’s product. The applications where it is extensively used include heating systems and water boosting.

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Global Regenerative Turbine Pump Market

Report ID: SQMIG20E2057

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